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20130411
20130419
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CSPAN
Apr 18, 2013 1:00pm EDT
for a debt ceiling piece of legislation that would be considered. i would hope, as i said last week, that we could deal with in a nonpartisan, bipartisan, nonpolitical fashion the protection of the credit worthiness of the united states of america and to the maintenance of america's credit rating. it was reduced for the first time in history when we had a debt cliff debate in 2011, and we were reduced by one point in the credit worthiness of our country. that was unfortunate for our country. president reagan said in 1986, unfortunately congress consistently brings the government to the edge of default before facing its responsibility. this brinksmanship threatens the holders of government bonds and those who rely on veterans' benefits, interest rates, etc., would skyrocket if we did that. he was then urging the democratic congress and republicans to support the increase in the debt, which as you know, was done. in addition, keith hennessey who was george bush's national director counsel, payment prioritization doesn't stop payments, it just delays them. then the party sues the government and
CSPAN
Apr 12, 2013 9:00am EDT
approaches the debt ceiling to say, how are we going to tell the people that we are going to pay off the debt that we've now gone ahead and incurred? and i think a little bit of forethought here, planning into the future, how we're going to pay the bills is the emphasis. and i've always agreed, as the gentleman said, the debt ceiling is something that is necessary for the operations of government. we'll bring a bill forward that will ensure that we don't go into default, but i do think that we should be mindful of how we're going to tell the public we're going to go in the future and pay off these debts. because as the gentleman has many children and grandchildren, he doesn't want his kids nor do i want mine to be shouldering the debt and paying our bills. we should be really committing ourselves not to just borrowing more, not to just taking more from taxpayer dollars because we've done a lot of that this year already. the gentleman talks about the need to proceed with revenues. we already have close to $650 billion i of additional static revenues, taxes that are accounted for because of the
Current
Apr 15, 2013 3:00am PDT
or not there is going to be a bucket deal probably in two months a lot of the debt ceiling. >> beep on guns. bi-partisan on immigration. maybe we can get to where we have bip beep on the bucket. in connection cook good to have you with us. follow her at national journal.com and i will be back and tell you what the president is up to today. >> this is "the bill press show." can become major victories. i'm phil mickelson, pro golfer. when i was diagnosed with psoriatic arthritis my rheumatologist prescribed enbrel for my pain and stiffness, and to help stop joint damage. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections tuberculosis lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you have an infection like the flu. tell your doctor
CSPAN
Apr 12, 2013 2:00pm EDT
, the debt ceiling is something that is necessary for the operations of government. we will bring a bill forward that will ensure that we do not go into default, but i do think that we should be mindful of how we are going to tell the public we are going to go into the future and pay off these debts. the gentleman has many children and grandchildren. he does not want his kids, nor do i want mine to be shouldering the debt and paying our bills. really committing ourselves not to just borrowing more, not to just taking more from taxpayer dollars, because we have done a lot of that this year already. the gentleman talks about the need to proceed with revenues. we already have close to $650 billion of additional static revenues, taxes that are accounted for because of the fiscal clef deal. it is not that there are no revenues in the mix here. i look forward to working with the gentleman. i appreciate his commitment to longevity in the country, sustaining economic growth or restarting its the we can -- restarting its so that we can sustain it. i yield back. toi think finding a way invest in t
Search Results 0 to 3 of about 4